HEALTH CARE SPENDING VS. LIFE EXPECTANCY
On NRO, Jerry Bowyer scrutinizes the numbers in his article “Longest. Lives. Ever.” and explains the insanity of the chattering class:
Our chattering classes chatter on about derivative abstractions, such as the increase in the percentage of GDP that we allot to health care. The cable-television pundits remind us that we’re spending about 16 percent of our national output on health care, and conclude that this is some kind of national scandal. Why? What percentage should we be spending? Is 10 percent more acceptable? Is 5 percent?
He then asks that most important question:
Our great-grandparents spent much less than 16 percent of GDP on health care, and they barely made it into their 60s. Would any of you willingly give back 20 years in exchange for less health-care spending?
The argument that health care spending is out of control and way too high is insanity. Are you willing to have the government control “costs” so that you have a shorter more uncomfortable life? Of course not! Do you want technical innovation to slow tremendously with the government in control like it has almost stopped in every other country where socialized medicine is in place?
DakotaBeacon